AM 8-K
Antero Midstream Corp (AM)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Introductory Note
On February 3, 2026, Antero Midstream Partners LP (“Antero Midstream Partners”), an indirect, wholly-owned subsidiary of Antero Midstream Corporation, completed the previously announced acquisition of HG Energy II Midstream Holdings, LLC (“HG Midstream”) from HG Energy II LLC (“HG Energy”) for cash consideration of approximately $1.1 billion, as contemplated by the Membership Interest Purchase Agreement (the “Purchase Agreement”), dated December 5, 2025, by and among Antero Midstream Partners, HG Energy, HG Energy II Production Holdings, LLC, HG Midstream and Antero Resources Corporation (together, the “Parties”).
| Item 2.01 | Completion of Acquisition or Disposition of Assets. |
The information contained in the Introductory Note is incorporated by reference into this Item 2.01.
| Item 8.01 | Other Events. |
On December 22, 2025, the Parties entered into a First Amendment to the Purchase Agreement (the “Amendment”) in order to amend and restate certain annexes to the Purchase Agreement.
The foregoing description of the Amendment is not complete and is subject to and qualified in its entirety by reference to the Amendment, a copy of which is included as Exhibit 10.2 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| * | Certain of the schedules and exhibits to this Exhibit have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished to the U.S. Securities and Exchange Commission upon request. Certain personally identifiable information has also been omitted from this Exhibit pursuant to Item 601(a)(6) of Regulation S-K. |
| 2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ANTERO MIDSTREAM CORPORATION | ||
| By: | /s/ Justin Agnew | |
| Name: Justin Agnew | ||
| Title: Chief Financial Officer, Vice President–Finance and Investor Relations | ||
Date: February 3, 2026
3
Exhibit 10.2
Execution Version
FIRST AMENDMENT TO MEMBERSHIP INTEREST PURCHASE AGREEMENT
This FIRST AMENDMENT TO MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Amendment”) is dated as of December 22, 2025, by and among HG Energy II LLC, a Delaware limited liability company (“Seller”), HG Energy II Production Holdings, LLC, a Delaware limited liability company (“HG II Production”), HG Energy II Midstream Holdings, LLC, a Delaware limited liability company (“HG II Midstream Holdings”, and together with HG II Production, the “Companies”), and Antero Resources Corporation, a Delaware corporation (“AR”), and Antero Midstream Partners LP, a Delaware limited partnership (“AM”, and together with AR, collectively the “Buyer”). Seller, the Companies and Buyer are sometimes referred to herein individually as a “Party” and, collectively, as the “Parties.” Capitalized terms used but not defined in this Amendment shall have the meanings given to such terms in the Purchase Agreement (as hereinafter defined).
RECITALS
WHEREAS, the Parties entered into that certain Membership Interest Purchase Agreement, dated December 5, 2025 (as amended by this Amendment, and as may be further amended from time to time, the “Purchase Agreement”), whereby, among other things, Seller agreed to sell, and Buyer agreed to purchase, the Target Interests.
WHEREAS, the Parties desire to amend the Purchase Agreement as more specifically set forth in this Amendment.
AGREEMENT
NOW, THEREFORE, in consideration of the premises and of the mutual promises, representations, warranties, covenants, conditions, and agreements contained herein, and for other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound by the terms hereof, agree as follows:
| 1. | Amendment to Annex A-1, Part 2. Effective as of the original Execution Date, Annex A-1, Part 2 (Leases and Fee Minerals (Unpooled)) to the Purchase Agreement is hereby amended and restated in its entirety with Annex I attached hereto. |
| 2. | Compliance with the Purchase Agreement. The Parties acknowledge and agree that this Amendment is in compliance with the Purchase Agreement, having been prepared pursuant to Section 14.3 of the Purchase Agreement, and constitutes a valid amendment, binding on the Parties. |
| 3. | Incorporation by Reference. Sections 14.2 (Governing Law; Consent to Jurisdiction; Waiver of Jury Trial), 14.3 (Entire Agreement; Amendments and Waivers), 14.5 (Binding Effect, Assignment and Third-Party Beneficiaries), 14.6 (Severability), 14.7 (Interpretation), 14.8 (Headings), and 14.9 (Counterparts) of the Purchase Agreement are incorporated herein by reference and shall apply to the terms and provisions of this Amendment and the Parties mutatis mutandis. |
[Signature Pages Follow]
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first set forth above.
| SELLER: | ||
| HG ENERGY II LLC | ||
| Name: | /s/ Jared Hall | |
| By: Jared Hall | ||
| Title: Chief Executive Officer | ||
| COMPANIES: | ||
| HG ENERGY II PRODUCTION HOLDINGS, LLC | ||
| By: HG Energy II LLC, its sole member | ||
| Name: | /s/ Jared Hall | |
| By: Jared Hall | ||
| Title: Chief Executive Officer | ||
| HG ENERGY II MIDSTREAM HOLDINGS, LLC | ||
| By: HG Energy II LLC, its sole member | ||
| Name: | /s/ Jared Hall | |
| By: Jared Hall | ||
| Title: Chief Executive Officer | ||
Signature Page to First Amendment to Membership Interest Purchase Agreement
| BUYER: | ||
| ANTERO RESOURCES CORPORATION | ||
| Name: | /s/ Brendan Krueger | |
| By: Brendan Krueger | ||
| Title: Chief Financial Officer and Senior Vice President – Finance and Treasurer | ||
| ANTERO MIDSTREAM PARTNERS LP | ||
| By: Antero Midstream Partners GP LLC, as general partner of Antero Midstream Partners LP | ||
| Name: | /s/ Justin Agnew | |
| By: Justin Agnew | ||
| Title: Chief Financial Officer and Vice President – Finance and Investor Relations | ||
Signature Page to First Amendment to Membership Interest Purchase Agreement